Tax Planning CPA in Plano, TX
Plano households earn a median income of $95,000, and many earn well above that thanks to equity compensation packages from employers like Toyota, JPMorgan, Liberty Mutual, and Ericsson along the Legacy West corporate corridor. At that income level, the difference between filing your taxes and actually planning for them can mean thousands of dollars kept or lost every year. Tax planning is how you make strategic decisions before December 31 so your return tells the story you want it to.
Our Services
Our Tax Planning Services for Plano Clients
When you book a tax planning session with Al Freideman, you get a one-on-one strategy meeting with a licensed CPA who has 30+ years of experience, not a junior associate reading from a checklist. Here is exactly what our Plano tax planning clients receive:
- Entity structure review: We analyze whether your current setup (sole proprietor, LLC, S-Corp, or partnership) is costing you in self-employment tax and recommend changes with real dollar projections.
- Retirement contribution optimization: We calculate the ideal contribution levels for SEP-IRAs, Solo 401(k)s, or employer plans to reduce your current-year taxable income while building long-term wealth.
- Equity compensation strategy: For Plano professionals receiving RSUs, stock options, or ESPP shares from employers like Toyota or JPMorgan, we map out vesting schedules, estimate tax withholding gaps, and plan the timing of sales to manage bracket exposure.
- Real estate and investment income planning: We review rental properties, capital gains, and depreciation schedules to identify deferral and deduction opportunities specific to your portfolio.
- Texas Franchise Tax analysis: For Plano business owners, we evaluate your margin tax liability (due May 15 each year to the Texas Comptroller) and identify the most favorable calculation method for your revenue level.
- Quarterly estimated tax projections: We provide updated quarterly estimates so you never face a surprise balance due or an IRS underpayment penalty.
Tax planning sessions start at $197+, and many Plano clients save multiples of that amount through the strategies we implement together.
Why Plano Businesses and Residents Choose AG Freideman
Personal attention from a licensed CPA: Al Freideman handles every client personally. When you call, Al answers. When your plan is built, Al built it. Plano clients tell us this is the single biggest reason they stay: they never have to re-explain their situation to a new associate each year.
Virtual appointments that serve all of Plano: Our office is on Preston Road in North Dallas, roughly 15 minutes from Legacy West and central Plano. But most of our Plano clients meet with Al virtually. Whether you are near the Texas A&M Plano campus or off the Dallas North Tollway, you get the same dedicated service without fighting traffic on the 75.
Transparent pricing with no surprises: We publish our pricing because we believe you deserve to know what something costs before you commit. Our tax planning sessions start at $197+, and we quote everything in advance. No hidden fees, no invoices that double after the work is done.
52 five-star Google reviews: Every single one of our Google reviews is five stars. That is not an average. That is every review. Plano clients trust us because our track record speaks for itself, built over 30+ years of doing this work the right way.
Tax Planning Questions from Plano Clients
What is the difference between tax planning and tax preparation?
Tax preparation looks backward: it records what already happened and files your return. Tax planning looks forward: it identifies strategies you can implement now to reduce next year’s tax bill. Preparation is compliance. Planning is strategy. Both matter, but planning is where the real savings happen, and it needs to start well before tax season.
When should tax planning start?
The best time to start is at least six months before the end of the tax year, which means mid-year planning sessions in June or July give you the most room to act. That said, any time before December 31 still leaves options on the table. Waiting until January means most of those options have expired.
How do RSUs and stock options get taxed?
RSUs (restricted stock units) are taxed as ordinary income when they vest, based on the stock’s fair market value on the vesting date. Your employer withholds taxes, but often at a flat supplemental rate that may not match your actual bracket, leaving a gap you owe at filing. Stock options have different rules depending on whether they are ISOs or NSOs. For Plano professionals at companies like Toyota, JPMorgan, Liberty Mutual, or Ericsson, proper timing of vesting and sales can significantly reduce the total tax impact.
Is tax planning worth it at my income level in Plano?
If your household income is near or above Plano’s $95,000 median, you are almost certainly in a federal bracket where strategic moves like retirement contributions, entity restructuring, or capital gains timing produce real savings. Our planning sessions start at $197+, and most Plano clients identify savings that far exceed that cost in the first session alone.
Does Texas have a state income tax that affects my planning?
Texas has no state income tax, which is one reason high earners relocate to Plano. However, Texas does impose a Franchise Tax (also called the margin tax) on businesses with revenue above the no-tax-due threshold. This is due annually by May 15 to the Texas Comptroller, and the calculation method you choose affects how much you owe. We help Plano business owners select the most favorable method each year.
Can I combine tax planning with other services at AG Freideman?
Yes, and most Plano clients do. Tax planning pairs naturally with our tax preparation services, bookkeeping, and payroll processing. When we handle your books and your strategy, everything flows together: clean records feed accurate projections, which drive smarter decisions. Registered agent services ($149 per year) are included free with any tax or bookkeeping engagement.
Get Started from Anywhere in Plano
You do not need to drive anywhere to get started. Most of our Plano clients meet with Al Freideman virtually for a no-obligation consultation where we review your current tax situation, identify planning opportunities, and outline next steps. If you prefer to meet in person, our Preston Road office is a short drive from anywhere in Plano. Call (972) 893-3481 or book directly at agfreideman.com/meeting/ to schedule your free consultation. The earlier you start planning, the more options you have.
Visit Our Office
Address: 17304 Preston Rd Ste 861, Dallas, TX 75252
Phone: (972) 893-3481
We also offer virtual appointments for clients throughout the DFW metroplex who prefer to meet remotely.
Book a Meeting"I had worked with the same accountant for more than 10 years, so finding a new one was a significant decision. While my previous accountant did a great job, they were located out of state, and I wanted someone local…"
Ready to Get Started?
Book your free consultation with Al Freideman, CPA. 30+ years experience serving Dallas-Fort Worth.